Aster Capital Management DIFC Ltd Invests $1.40 Million in onsemi $ON

Aster Capital Management DIFC Ltd bought a new position in shares of onsemi (NASDAQ:ON) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,755 shares of the semiconductor company’s stock, valued at approximately $1,395,000. onsemi makes up 0.6% of Aster Capital Management DIFC Ltd’s holdings, making the stock its 22nd largest position.

A number of other large investors have also modified their holdings of the business. M&G PLC grew its holdings in shares of onsemi by 7.6% in the 3rd quarter. M&G PLC now owns 2,647,003 shares of the semiconductor company’s stock worth $129,703,000 after acquiring an additional 187,899 shares during the period. Pictet Asset Management Holding SA grew its holdings in shares of onsemi by 38.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock worth $215,624,000 after acquiring an additional 1,112,774 shares during the period. Quantbot Technologies LP grew its holdings in shares of onsemi by 67.3% in the 3rd quarter. Quantbot Technologies LP now owns 94,146 shares of the semiconductor company’s stock worth $4,642,000 after acquiring an additional 37,881 shares during the period. DNB Asset Management AS grew its holdings in shares of onsemi by 30.9% in the 3rd quarter. DNB Asset Management AS now owns 723,688 shares of the semiconductor company’s stock worth $35,685,000 after acquiring an additional 170,635 shares during the period. Finally, Fox Run Management L.L.C. acquired a new stake in shares of onsemi in the 3rd quarter worth approximately $991,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

onsemi Trading Up 7.8%

Shares of onsemi stock opened at $125.90 on Tuesday. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92. The firm has a market cap of $49.34 billion, a PE ratio of 89.29, a P/E/G ratio of 1.04 and a beta of 1.97. The business’s fifty day moving average is $101.93 and its two-hundred day moving average is $74.96. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41.

onsemi (NASDAQ:ON) last issued its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company posted $0.55 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Analysts anticipate that onsemi will post 3.09 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ON shares. Cantor Fitzgerald upped their price target on onsemi from $95.00 to $100.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Citigroup upped their price target on onsemi from $100.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday. Susquehanna upped their price target on onsemi from $100.00 to $120.00 and gave the stock a “positive” rating in a report on Tuesday, May 5th. Robert W. Baird upped their price target on onsemi from $56.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of onsemi in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, onsemi has an average rating of “Moderate Buy” and an average target price of $93.73.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Citi turned more bullish on onsemi, lifting its price target and flagging potential upside catalysts ahead of the company’s Analyst Day. ON Semiconductor Shares Climb After Citi Highlights Potential Upside Ahead of Analyst Day (ON)
• Positive Sentiment: Independent coverage pointed to onsemi’s strong 2026 rally, attractive valuation, and exposure to AI data center and automotive demand as reasons the stock could have more room to run. onsemi Trades at a Discount: Buy, Hold or Sell the Stock?
• Neutral Sentiment: Separate commentary reiterated that onsemi has already outperformed the broader semiconductor group this year, keeping attention on whether the current valuation can be sustained. onsemi Trades at a Discount: Buy, Hold or Sell the Stock?
• Neutral Sentiment: A separate article from earlier in the period framed the stock as already having surged sharply in 2026, suggesting some investors may be weighing whether gains have run ahead of fundamentals. onsemi Trades at a Discount: Buy, Hold or Sell the Stock?

Insider Buying and Selling at onsemi

In related news, CFO Trent Thad sold 30,000 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total value of $2,790,000.00. Following the transaction, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This trade represents a 9.06% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.35% of the company’s stock.

onsemi Company Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.